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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  2.8% 1.1% 1.0% 0.9% 0.8%  
Credit score (0-100)  61 85 85 88 91  
Credit rating  BBB A A A AA  
Credit limit (kDKK)  0.0 313.9 442.0 563.7 823.7  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  5,707 4,734 4,985 5,743 6,497  
EBITDA  1,748 793 794 609 435  
EBIT  1,579 643 638 476 404  
Pre-tax profit (PTP)  894.4 621.2 624.4 452.8 465.4  
Net earnings  697.6 481.2 466.2 331.9 352.1  
Pre-tax profit without non-rec. items  1,579 621 624 453 465  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  264 5,245 5,097 5,002 4,971  
Shareholders equity total  698 5,537 6,600 6,932 7,284  
Interest-bearing liabilities  0.0 4.0 0.5 5.7 109  
Balance sheet total (assets)  3,027 7,030 7,964 7,632 8,156  

Net Debt  -1,556 -974 -231 -162 -1,244  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  5,707 4,734 4,985 5,743 6,497  
Gross profit growth  41.8% -17.0% 5.3% 15.2% 13.1%  
Employees  0 8 7 9 10  
Employee growth %  0.0% 0.0% -12.5% 28.6% 11.1%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  3,027 7,030 7,964 7,632 8,156  
Balance sheet change%  -47.3% 132.2% 13.3% -4.2% 6.9%  
Added value  1,748.1 792.8 794.0 632.5 434.6  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -4,948 4,831 -305 -228 -61  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  4.0 5.0 5.0 5.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  27.7% 13.6% 12.8% 8.3% 6.2%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  36.0% 12.8% 8.5% 6.1% 6.1%  
ROI %  57.3% 20.6% 10.5% 7.0% 6.7%  
ROE %  28.0% 15.4% 7.7% 4.9% 5.0%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  23.0% 78.8% 82.9% 90.8% 89.3%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -89.0% -122.9% -29.1% -26.7% -286.3%  
Gearing %  0.0% 0.1% 0.0% 0.1% 1.5%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 1,046.7% 601.1% 758.6% 21.3%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.2 1.2 2.1 3.8 3.7  
Current Ratio  1.2 1.2 2.1 3.8 3.7  
Cash and cash equivalent  1,556.5 978.0 231.5 168.2 1,353.2  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  433.1 292.2 1,503.1 1,929.7 2,312.4  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 99 113 70 43  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 99 113 68 43  
EBIT / employee  0 80 91 53 40  
Net earnings / employee  0 60 67 37 35